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Savings vs Investments: Where To Keep Your Money
Choosing between savings and investments is a common issue and one that requires a bit of nuance. Not every solution suits every person, and both have their own set of pros and cons. From appealing interest rates to which approach will serve you best, what wealth managers think, and more, this article will explore the […]
Posted in Financial Planning, Investments
Breaking Down The Wealth Management Process
Wealth management (or financial advice) isn’t just for the wealthy, and almost everybody can benefit from professional guidance. Helping you navigate uncertainty and set yourself and your loved ones up for the future, wealth management can provide you with peace of mind. But what does the wealth management process look like, and how can it […]
Posted in Financial Planning
The Impact of Market Volatility on Target Retirement Funds
Let’s start with an interesting, if not concerning, fact about pensions and target retirement funds. A recent survey showed that 19% of savers have never checked the value of their pension. Did that surprise you? You need to know the value of your pension fund to make it easier to plan. Your pension assets should […]
Posted in Retirement Planning
Are you thinking of reducing your personal protection insurance?
The UK economy has been under pressure over the last decade after facing several financial challenges. While there have been slight signs of improvement over the last few months, the short-term outlook is still unclear. At the same time, inflation continues to fall from the double digits seen in 2022 and 2023 and is now […]
Posted in Insurance
Understanding the Role of Financial Advisers in Estate Planning Services
While estate planning services may not be the easiest topic to discuss at the breakfast table, they should be part of your long-term financial plans. This is where the role of a financial adviser is critical, providing opinion, guidance, and advice from a neutral position. As with many financial strategies, it is as much about […]
Posted in Financial Planning, IHT Planning
Finance and Politics: How Might a Change in Government Affect Your Finances?
Nothing is ever certain in the world of finance and politics, but as we approach the 4 July general election, opinion polls suggest a change in government may be imminent. This has prompted many people to approach their financial adviser for guidance – reevaluating their finances and investment strategies. We will now examine the ways […]
Posted in Financial Planning
Are The Auto-enrolment Minimum Contributions Too Low?
The introduction of statutory workplace pensions has had a significant impact on pension savings across the UK. In 2022, it was reported that 88% of employees were eligible for membership of their employer’s workplace pension scheme, equating to 20.4 million people. While this figure is complemented somewhat by the high take-up in the public sector, […]
Posted in Corporate Services
Trend Towards Long-term Mortgages Could Hit Retirement Income
A recent freedom of information request to the Bank of England has revealed a worrying increase in the number of homeowners who will still be repaying their mortgages in retirement. Even though homeowners will have a significant asset on their hands once their mortgage has been repaid, very few today would have been planning to […]
Posted in Mortgage, Pensions, Retirement Planning
Tips To Save For Retirement
When looking at retirement, our attention is naturally drawn towards pensions, which, for many people, will be their largest source of income in later years. However, there are other ways to save for retirement in a cost-effective and tax-efficient manner. As with any savings/investment plan, the sooner you start, the greater the potential returns. […]
Posted in Retirement Planning
Time: Is This Your Most Valuable Investment Commodity
While we live in a world of cutting-edge technology, new investment classes, and volatile markets, it may seem strange to suggest that time could be your most valuable investment commodity. Only when we investigate further does the actual value of time become apparent. The value of time We will now examine different scenarios that […]
Posted in Investments